Perfectly positioned at Loop 202 and Scottsdale Road along the north bank of Tempe Town Lake, The Watermark stands as Tempe’s premier mixed-use destination—redefining luxury, connectivity, and urban lifestyle in one of Arizona’s fastest-growing tech hubs. Spanning 15 acres, this master-planned development integrates Class A office, retail, residential, hospitality, and public spaces into a vibrant lakeside environment.
The project features 265,000 square feet of Class A office space, designed with high-end finishes, floor-to-ceiling glass, and a dramatic sky lobby offering sweeping lake views. Complementing the workplace experience are 44,000 square feet of curated retail and dining, from boutique shops to signature restaurants, and 360 luxury multifamily residences with resort-style amenities and panoramic mountain and skyline vistas. A planned business-class hotel will further enhance the live-work-play balance, catering to both business travelers and visitors. Thoughtfully designed amenities—including landscaped plazas, lakefront promenades, sky terraces, water features, and a skywalk linking office to parking—create a dynamic sense of place.
The Watermark is more than a development—it is a statement. By introducing a new standard of vertical integration and placemaking, it delivers unmatched opportunities for businesses, residents, and retailers alike. Positioned to capture demand from technology, finance, and creative industries, The Watermark offers a premier setting for talent attraction, a gathering place for community, and a landmark asset in one of Greater Phoenix’s most desirable submarkets.
Katie Weeks
Western Retail Advisors, LLC
